Spring Statement 2025: Background briefing
Ahead of the 2025 Spring Statement on 26 March, this briefing explains what will happen on the day and summarises the economic situation.

This paper sets out the main changes to direct tax rates and allowances announced in the Budget on 19 March 2014.
Direct taxes: rates and allowances 2014/15 (416 KB , PDF)
This paper sets out the main changes to direct tax rates and allowances announced in the Budget on 19 March 2014. It lists the principal personal allowances which will be available against income tax in the tax year 2014/15, and it outlines the conditions necessary for eligibility for these allowances.
Direct taxes: rates and allowances 2014/15 (416 KB , PDF)
Ahead of the 2025 Spring Statement on 26 March, this briefing explains what will happen on the day and summarises the economic situation.
In the 2024 Autumn Budget the Chancellor announced the introduction of VAT on private school fees from 1 January 2025. This briefing discusses the background to the government's decision and the legislation to bring it into effect.
The House of Lords agreed to several amendments to the National Insurance Contributions (Secondary Class 1 Contributions) Bill 2024-25. The consideration of the Lords' amendments in the Commons is scheduled to take place on 19 March.